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Closer cooperation between China and Britain could "raise the living standards of ordinary people" and "send more kids to school," she said, adding that Britain's "knowledge and creativity" will also help China in its future development.

Seen by many as the greatest vision in China's modern history, the concept enshrines peace, development, cooperation and win-win results. But more fundamentally, as Xi has said, it is about "making life better for the Chinese people."

Also, China will establish a 10-year, 1-billion-U.S.-dollar China-UN peace and development fund to "support the UN's work, advance multilateral cooperation and contribute more to world peace and development," he added.

Terming the China-Pakistan Economic Corridor (CPEC) as the major and pilot project of China's Belt and Road Initiative, he said, "the Silk Road in the Air will further facilitate trade and people-to-people exchanges, and the CPEC will surely boost the air connectivity between China and Pakistan."

The remarkable achievements it has scored since its reform and opening up policy in 1978 are not only conducive to regional peace and stability, but also provide new opportunities to Singapore, said Tan.